$BTC /USDT BULLISH REBOUND — BITCOIN HOLDS STRONG ABOVE $110K SUPPORT 🚀
BTC/USDT is currently trading at $110,983 (+0.80%), showing signs of renewed strength after holding firm above the key $110,000 psychological support. The price has bounced from recent lows near $109,700, while buyers are gradually regaining control as momentum builds for another test of the $112,500–$114,000 resistance zone. A successful breakout above this zone could trigger a continuation toward new local highs.
📈 Trade Setup (Long Entry)
Entry: $110,800 – $111,200
Targets (TP):
TP1: $112,500
TP2: $114,000
TP3: $115,500
Stop Loss (SL): $109,500
📊 Market Outlook:
Bitcoin continues to show resilience despite market volatility. The strong defense at $110K reflects bullish accumulation, suggesting traders are preparing for another upward leg. As long as BTC remains above this level, the mid-term outlook stays bullish, with potential acceleration if volume increases near $114K resistance.
#BTCUSDT #Bitcoin #BullishMomentum #CryptoTrading #BTCAnalysis
buy and trade here on $BTC